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ExxonMobil earmarks $15 billion for lower-emission spending over next six years

ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years. The post ExxonMobil earmarks $15 billion for lower-emission spending over next...

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Chevron plans $15 billion spending budget for 2022

Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range. The post Chevron plans $15 billion spending budget for 2022...

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Report reveals decline in UK North Sea well numbers but better success rates

UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved. The post Report reveals decline in UK North Sea well...

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TechnipFMC’s Ghana team marks first subsea tree assembly in five years

TechnipFMC’s Takoradi base in Ghana has completed the assembly of its first subsea tree […] The post TechnipFMC’s Ghana team marks first subsea tree assembly in five years appeared first on Offshore...

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Harvey Gulf to usher in net carbon neutral fleet in bid to cut emissions

Harvey Gulf is working to deliver a fleet of offshore vessels that will be operating in a net carbon neutral capacity. The post Harvey Gulf to usher in net carbon neutral fleet in bid to cut emissions...

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TechnipFMC delivers fourth subsea tree for Lambert Deep project

TechnipFMC's team in Perth, Australia, has delivered the fourth Subsea 2.0 tree for Woodside's Lambert Deep project located offshore Northwestern Australia. The post TechnipFMC delivers fourth subsea...

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UK port set for revival with plans to recycle old rigs into foundations for...

UK's Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility. The post UK port...

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Samsung Heavy gets rid of ex-Ocean Rig drillship with hopes to sell three more

South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company. The post Samsung Heavy gets rid of ex-Ocean Rig drillship with hopes...

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New CFO to join Dril-Quip next year

Dril-Quip has found its new CFO after engaging the services of an executive search firm, which assisted with the selection process. The post New CFO to join Dril-Quip next year appeared first on...

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Gulf Island expands services business with $8 million worth takeover

Gulf Island has acquired the business assets and operations of DSS in a deal worth $8 million to grow and diversify its services business. The post Gulf Island expands services business with $8 million...

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OMV books Maersk rig for HPHT well in North Sea

Maersk Drilling has secured a one-well contract with OMV (Norge) for a high-pressure, high-temperature exploration well off Norway. The post OMV books Maersk rig for HPHT well in North Sea appeared...

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TotalEnergies fires up another project offshore Angola

TotalEnergies has started production at the CLOV Phase 2, a project connected to the existing CLOV FPSO located in Block 17 offshore Angola. The post TotalEnergies fires up another project offshore...

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Siccar Point reviewing options after Shell abandons Cambo oil project

Siccar Point Energy has confirmed that Shell, its partner in the Cambo development, has taken the decision not to progress its investment. The post Siccar Point reviewing options after Shell abandons...

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PGS set for Petrobras’ 4D survey offshore Brazil

Norwegian seismic company Petroleum Geo-Services (PGS) is set to begin a 4D acquisition survey for Petrobras offshore Brazil. The post PGS set for Petrobras’ 4D survey offshore Brazil appeared first on...

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Vår Energi CEO now member of Norwegian Oil and Gas Association’s board

The CEO of Vår Energi has been appointed as one of the new board members of the Norwegian Oil and Gas Association (NOROG). The post Vår Energi CEO now member of Norwegian Oil and Gas Association’s...

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Iran starts drilling ops in Persian Gulf in search of fresh reserves

POGC has started drilling operations in an attempt to find new hydrocarbon reserves at the South Pars gas field in the Persian Gulf. The post Iran starts drilling ops in Persian Gulf in search of fresh...

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Hundreds of North Sea workers set to down tools to stop terms & conditions cuts

About 300 oil and gas workers in the UK North Sea are preparing to take strike action amid a dispute over terms and conditions cuts. The post Hundreds of North Sea workers set to down tools to stop...

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In focus: Why clean hydrogen is becoming undeniable

The European Clean Hydrogen Alliance has identified a pipeline of over 750 projects that European industry is undertaking to roll out the hydrogen economy on a large scale in Europe. The post In focus:...

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Solstad vessels win long-term jobs with Equinor in Brazil

Solstad Offshore has secured long-term contracts for two of its platform supply vessels with Equinor for operations in Brazil. The post Solstad vessels win long-term jobs with Equinor in Brazil...

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New CEO to head Lamprell and Injazat digital joint venture

Injazat and Lamprell have appointed a CEO of their JV to progress their digital strategy, while also generating new revenue streams. The post New CEO to head Lamprell and Injazat digital joint venture...

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